PPRuNe Forums - View Single Post - Pandemic-hit Qantas weighs new pay structure to keep key executives
Old 21st Sep 2021, 03:14
  #32 (permalink)  
krismiler
 
Join Date: Jul 2010
Location: Asia
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If the airline makes profits, executives get huge bonuses. If it makes losses through their incompetence they are replaced and given a generous exit package. If the losses are outside their control they get bonuses for working in challenging times.

Back in the 1960s, CEO pay was typically 15 times that of the average employee, now it’s approaching 300 times. Executive pay needs to be benchmarked at a more realistic level.
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